Trades and Trends by Altan Insights: April 2, 2022

Join Altan Insights as we highlight trading activity across the various alternative marketplaces with a combination of charts and penned analysis to help investors track trends and price movements that impact their portfolio.

Collectable

For the fourth straight week, assets on Collectable closed with a positive average return. Across 158 traded assets, the average return was 2.06% while sports memorabilia climbed 5.42% on average and sports cards gained 1.03%. The lineup of top-performers this week was diverse, with game-worn jerseys, card baskets, photos, and jockstraps all represented.

The best-performing asset this week was a Game-Worn Luka Doncic Jersey. The jersey is photo matched to 9 games and is the only piece of Luka memorabilia on Collectable's platform after investors accepted a buyout offer for a pair of 2019 game-worn sneakers. The Luka jersey is still down -2.5% overall but has climbed 69.9% over the last thirty days. Closing in second was a basket of 2017 Prizm Bonze Star Patrick Mahomes cards. The Bronze basket is still down -6% overall but jumped 38.24% this week. Rounding-out the top three was a Type III Photo featuring Lou Gehrig. The Gehrig photo, dated to 1925, was used for Lou's iconic Exhibit rookie card. The photo is still down -10% overall but gained 37.4% this week after dropping -34.5% last week.

Losses were limited this week as only two assets fell more than -20%. This marked the first week of 2022 where no offering fell more than -30% on Collectable and is the first time this year that less than 3 assets dropped more than -22%. The Corey Seager Orange Refractor Basket was the worst-performing offering as it fell -27.6%. The Seager basket was the best performing offering on Collectable last week after it gained 185.71%. The only other asset to drop more than -20% was a 2018-19 Flawless Green Trae Young card which dropped -22.18% and is now down -7% overall since IPO.

Wrestling was the best-performing sport this week as the sport gained 22.54% and was propelled by a game-worn jockstrap from legend Andre the Giant which gained 29.51%. Basketball was the runner-up with a 3.28% average while golf gained 2.41%. Soccer was the worst-performing sport this week as the world's game fell -7.04% while boxing bounced -1.58% lower.

Otis

Sneakers soared this week on Otis as one offering, the Nike Air MAG's climbed 1,500%. While the average return this week on Otis was 15.02%, the median was still 0%. If you remove the single pair of sneakers, the average return across the remaining 117 assets would be 2.32% and the average for sneakers drops from to 84.34% to 5.56%.

The second best-performing asset this week on Otis was the WATA 9.8 graded copy of NBA Jam. The video game gained 114.29% in its first full week of trading and helped video games close with a 10.41% average return. This marked the first week that a book traded on Otis and the offering, a first edition copy of Harry Potter & the Philosopher's Stone, gained 36.36%.

After gaining more than 15% last week, card games fell -3.22% to close as the worst-performing asset class on Otis. Sports struggled this week on the platform as cards crumbled with a -1.33% average return and memorabilia moved -0.94% lower. Overall, ten different assets gained at least 20% on Otis this week while only two offering fell more than -20%.

Rally

Last week marked the best week of performance on Rally in 2022 as the platform delivered an average return of 4.48%. This week, performance fell flat as the average return closed at -0.04% across 294 traded assets.

Leading the way this week was the 2020 Topps Lewis Hamilton Signed Patch Card which climbed 135.71%. The Hamilton card is the first F1 offering to trade on any fractional secondary market and now carries a market cap of $82,500 after opening at a $35,000 valuation. Finishing in second this week was the 1956 Topps Hank Aaron card. The '56 Topps featuring "Hammerin' Hank" was the second worst-performing asset last week after it fell -44.05% but the vintage baseball cardboard rebounded and gained 70.21% this week. Closing in third and fourth was the 1997 Playstation Final Fantasy VII and the 1988 Lamborghini LM002 which gained 47.5% and 33.3% respectively.

In its first week of trading, the Steve Jobs Jacket fell -53.33% to close as the worst-performing asset. The four worst-performing offerings were all trading for their first full week as the Meebit #11275 dropped -48.75% and the 2005 Topps Jay-Z Card crumbled -45% while the Apple iPad slipped-38.46%. In total, 294 different assets traded across eleven different asset classes. Video games were the best-performing sector with a 4.74% average return while sports memorabilia and sports cards gained 1.9% and 1.4% respectively. Memorabilia fell -7.06% followed by comic books which dipped -1.97%.

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Disclaimer: You understand that by reading Altan Insights, you are not receiving financial advice. No content published here constitutes a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You further understand that the author(s) are not advising you personally concerning the nature, potential, value or suitability of any particular security, transaction, or investment strategy. You alone are solely responsible for determining whether an investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal financial situation. Please speak with a financial advisor to understand if the risks inherent in trading are appropriate for you. Trade at your own risk.